BOE Report

BOE Report Staff

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Oil falls on U.S. factory data, but supply lifts price outlook

Oil prices fell on Tuesday, a day after data showing a decline in U.S. factory orders dragged both benchmarks down from 2019 highs. Despite the slide, investors expect U.S. sanctions on Venezuela and production cuts led by OPEC to head off a glut this year, buoying prices. U.S. crude futures were down 50 cents, or 0.9 percent, at $54.06 a barrel by 1400 GMT. They touched their highest in more than two months at $55.75 the previous day. Brent crude futures were down 46 cents, or 0.7 [Read more]

Edge Liability Risk Management Outlines Redwater Decision

Last week the Supreme Court of Canada issued its ruling on the Redwater Energy Corp. appeal. The Supreme Court of Canada has ruled that oil and gas production companies’ environmental liabilities should take precedent over debt re-payment to creditors in the event of an insolvency. This means that the proceeds from asset sales of insolvent oil and gas companies will now be used for environmental clean-up purposes first and foremost. This has been a closely monitored case with major implications [Read more]

New expanded Sproule training courses available in 2019

Sproule, a global energy consulting firm, has expanded its course offerings for 2019 to help meet corporate and individual professional development requirements, to help you adapt to a dynamic oil & gas industry. Individuals can now register to attend Sproule’s Type Curves, Geoscience for Non-Geoscientists and Fundamentals of SPE-PRMS courses. A half-day Introduction to the Canadian Oil & Gas Industry course has also been added to Sproule’s training portfolio. This course specifically [Read more]

A new perspective on pipeline risk and liability

Back in September, GDM Pipelines broke ground by becoming the first company to deliver on-demand risk assessments for every pipeline in Western Canada. Now, to expand on that enormous success, we are pleased to announce enhancements for users to visualize pipeline risk directly in the map. Every pipeline is color coded green, yellow, orange or red according to its risk score, so you can easily identify your highest priority pipelines. You can choose to view pipelines by their Overall Risk, [Read more]

Invitation for offers: Force Rentals Ltd. and 5604070 Manitoba Ltd. o/a Titan Production Testing

Force Rentals Ltd. (“Force”) and 5604070 Manitoba Ltd. o/a Titan Production Testing (“Titan”) (collectively, the “Companies”) provided oilfield services and equipment rentals primarily in and around Southwestern Manitoba. Deloitte Restructuring Inc., in its capacity as Receiver of the Companies invite offers to purchase the Receiver’s right, title and interest, if any, in the assets of the Companies as follows: Parcel 1: Force equipment and inventory Parcel 2: Titan equipment and [Read more]

Canadian Gas Dialogues – Calgary, April 23, 2019

Natural Gas World, in partnership with the Canadian Gas Association and the BOE Report, presents “Canadian Gas Dialogues”. The Canadian Gas Dialogues conference will take place in Calgary on April 23 and is designed to bring together the spectrum of stakeholders in the natural gas community for the exchange and sharing of insight and viewpoints on how we can collectively move forward the position of the industry in local, national and global communities. Main topics for discussion: Public [Read more]

A large (96” x 18’) new separator is now available; although only 1 company can buy it, here are some fun facts that everyone else can appreciate

Realistically, there are probably only a few people in the industry that have an application where this separator would fit; yet the BOE Report goes to tens of thousands of people everyday – What about them? The construction of this piece of equipment (96” x 18’ x 1440psig Sour Separator) is fascinating to me and since we recently moved this separator to a yard 10 mins from the Grande Prairie Airport, I felt it would be interesting to share the facts that almost anyone with an appetite for [Read more]

Facility Engineering Groups Focus On Latest Construction Processes & New Technologies

The only Canadian forum dedicated entirely to the onshore facilities engineering discipline, Cost-Effective Well Site Facilities Canada 2019, takes place February 27-28 in Calgary. Join facility engineering and project management groups from Repsol Oil & Gas Canada, Tourmaline Oil, Venturion Oil, ARC Resources, Seven Generations Energy, Shell Canada, Husky Energy, Caltex Resources, Jupiter Resources, Razor Energy, Painted Pony Energy, Sitka Exploration, NuVista Energy and more to get [Read more]

New Oil and Gas Jobs From BOE Report Jobs

Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Jan. 29 Plant Operator Roska DBO Grande Prairie Jan. 29 Software Developer Calfrac Well Services Calgary Jan. 28 Cooperative Student - Operations [Read more]